Calculating Future Values you have just made your first $2,000 contribution to your individual retirement account. Assuming
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Calculating Future Values you have just made your first $2,000 contribution to your individual retirement account. Assuming you earn a 12 percent rate of return and make no additional contributions, what will your account be worth when you retire in 45 years? What if you wait 10 years before contributing? (Does this suggest an investment strategy?)
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Fundamentals of Corporate Finance
ISBN: 978-0077861629
8th Edition
Authors: Stephen A. Ross, Randolph W. Westerfield, Bradford D.Jordan
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